Business
Adient reports solid first quarter financial results; raises guidance for FY2026
Adient (NYSE: ADNT), a global leader in automotive seating, today announced its first quarter 2026 financial results.
About this update from Adient Plc
[{"type":"text","content":"PLYMOUTH, Mich., Feb. 4, 2026 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its first quarter 2026 financial results.","length":174,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q1 GAAP net loss and EPS diluted of $(22)M and $(0.28), respectively; Q1 Adj.-EPS diluted of $0.35","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Q1 Adj.-EBITDA of $207M, a $11M y-o-y improvement; Adj.-EBITDA margins increased from 5.6% to 5.7% y-o-y","length":104,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross debt and net debt totaled ~$2.4B and ~$1.5B, respectively, at December 31, 2025; cash and cash equivalents of $855M at December 31, 2025","length":142,"tagName":"p"}]},{"val":[{"type":"text","content":"The company returned $25M to its shareholders in Q1 FY2026, repurchasing ~1.2M shares","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"The company raised its FY26 guidance for revenue, Adj.-EBITDA and FCF to $14.6B, $880M, and $125M, respectively, underpinned by an improved vehicle production outlook and the company's expectation of continued positive business performance.","length":244,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":673,"olType":false},{"type":"text","content":"For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, visit the events section of the Adient investor website at https://investors.adient.com/events-and-presentations/events to download the full press release and earnings presentation.","length":309,"tagName":"p"},{"type":"text","content":"Investor analyst conference call: Adient's president and chief executive officer, Jerome Dorlack, and executive vice president and chief financial officer, Mark Oswald, will host a conference call today at 8:30 a.m. Eastern to discuss the results. To participate by telephone, please dial 888-566-1827 (U.S.) or 773-799-3976 (international) 15 minutes prior to the start time of the call and ask to be connected to the Adient conference call. The conference passcode is ADIENT.","length":482,"tagName":"p"},{"type":"text","content":"About Adient: Adient (NYSE: ADNT) is a global leader in automotive seating. With more than 65,000 employees in 29 countries, Adient operates ~200 ma...